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Search Results 0 to 49 of about 104 (some duplicates have been removed)
to pay taxes, we should not be using taxes to reward people who fail. we should be using them to reward people that want to work. everybody in this country should succeed, not just people in government. host: president obama gave an address yesterday talking about how congress should act to keep taxes low. let's take a listen. >> 97% of small-business owners will not see their taxes go up next year. this is something everybody says they agree on. it should have gotten done months ago. republicans in congress are standing in the way. there are holding tax cuts for 98% of americans hostage until they pass tax cuts for of the richest 2%. congress needs to step up and provide every responsible homeowner a chance to save $3,000 a year on mortgage at refinancing at lower rates. i give them a plan to do that in february. it is a plan that has the support of independent nonpartisan economists. republicans will not let it come to a vote. ask them how that helps homeowners. congress needs to step up and pass my plan to create a job corps to help our returning heroes find jobs as cops, firefighter
jobs and the economy. >> brown: plus, we have our own debate on the differing approaches to taxes and deficit reduction. >> woodruff: then, we turn to the war in syria, as skirmishes spill over the border with turkey for a second day in a row. >> brown: we come back to last night's debate with two takes on how it was received. ray suarez talked to voters in the swing state of florida. >> i didn't hear what i need to about jobs. that is the number one interest of generally everyone in the united states. >> woodruff: and in our regular "daily download" segment, margaret warner explores how the face off played in social media. >> brown: and it hasn't happened in baseball in 45 years. we look at 'triple crown' winner miguel cabrera of the detroit tigers. that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program
you're in the position to buy your business, you needed a tax cut then. i want to make sure the plumber, said the nurse, the firefighter, it the teacher, the young entrepreneur who does not have money, i want to give them a tax break now. not only did 98% of small businesses like less than to under $50,000. i also want to give them additional tax breaks because they are the drivers of the economy. >> we need to spread the wealth around. in other words, we're going to take joseph money, give it to signature obama and let him spread the wealth around. the whole premise behind the plans are class warfare, but spread the wealth around. i want small businesses that would receive an increase in their taxes. why would you want to increase anybody's taxes right now? these people are going to create jobs unless you take that money for him and spread the wealth around. i am not going to do that. >> number one, i want to cut taxes for 90 5% of americans. it is sure my friend and supporter warren buffett could afford to pay a low tax. in order to give taxes. then exxon mobil which made
, for that matter, those two. to finance a big across the board tax cut but not tell us how. not what big across the board deductions he'll deny people in order to pay for it or even what taxes he's been paying himself over the years. or how he'll finance all those popular things in the president's health care plan once he kills the plan itself. lots of secrets. secrets because he himself has no earthly idea what the answers are. i'm joined by democratic strategist bob shrum and salon's joan walsh. first, however, we have two new national polls on the presidential race. let's check the "hardball" scoreboard. according to a new "washington post"/abc news poll, president obama has a two-point lead holding there, 49%/47%. same score in the new politico poll. obama by two, 49%/47%. "the new york times" this weekend reported on the two campaigns' ongoing debate preps. here is what they said about romney's prep. quote, mr. romney's team has concluded that the debates are about creating moments and has equipped him with a series of zingers he's memorized and has been practicing on aides since august. b
are jobs. i will be the only candidate advocating eliminating income tax, corporate tax, abolishing the irs and replacing that with one federal consumption tax. i embrace the fair tax. i think that is the answer to jobs. if the private sector does not create tens of millions of jobs, i did not know what it will take to create tens of millions of jobs. it is the entry to china. i see manufacturing jobs flocking back to the united states. are you hearing these things from these other two guys? no. they are arguing over who will spend more money on medicare. romney said he wants to increase spending for the military and balance the budget. it doesn't add up. i guess we believe in santa claus and the easter bunny and i do not think they are coming. host: gary johnson is with us and will add a third line for third party voters. we will get to your calls in just a couple of moments. what is the strategy for the rest of the election? guest: right now there is a lot of attention that is being drawn to what it is that i am saying. i'm being recognized for being at 6% nationally. i'll ask you an obvi
been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy, the fellow on stage last night said he didn't know anything about that. the real mitt romney said we don't need any more teachers in our classrooms. but don't boo, vote. but the fellow on stage last night, he loves teachers. can't get enough of them. the mitt romney we all know invested in companies that were called pioneers of outsourcing jobs to other countries. but the guy on stage last night, he said that he doesn't even know that there are such laws that encourage outsourcing. he's never heard of them. never heard of them never heard of tax breaks company for companies that ship jobs overseas. he said if it's true, he must need a new accountant. now, we know for sure it was not the real mitt romney because he seems to be doing just fine with his current accountant. so you see, the man on stage last night, he does not want to be held accountable for the real mitt romney's decisions and what he's been saying for the last year. and that's because he knows full well that
out enough in debt, and enough taxes we have made changes that grows this economy, and that is why i am running for the united states senate. to change the want leadership in washington. we can change that. that is why i am running for the senate. i want to pass a balanced budget. i am not your usual politician. i'm not one of the good old boys pay ed i will make this tough decisions in the united states senate. i will roll up my sleeves, work hard for you, and i will fight for you. >> now the opening statement from bob kerrey. >> thank you. i love nebraska. i always have and i always will. i was born here in lincoln. i left nebraska and went to war and came home, and i recovered from illness in the lincoln. i started a business that employed more than 700 people. i served as your governor, balancing our budget, and i left after four years and went back to business. i served as your son that -- as your senator, and again we balance our budget. i am a candidate for congress for the senate because congress needs to change, and i will fight to make that happen. i have never had and neve
and in this country, taxed more. if you tax small business, they are not going to hire. i don't know how you don't figure out what mr. romney so eloquently said in that debate. talking about politics of the 1% or the 47%, conservatives want the best for all folks, and yes, we mean thewe don't want them trapped in poverty. we want them married, paying their taxes -- host: we will get katrina vanden heuvel's response. guest: yeah. listen, if marriage will promote the well-being of the couple, children, great. but in my mind, it is and not just that. that is too simplistic. it is part of the equation. without good jobs, without ensuring that workers have rights and a time -- at the time when big business is so powerful, without doing small things that happened around this country but have taken too much effort, giving women, families early child care, the sense of a community coming together to lift up families, marriages not sufficient. to reduce it to that is too simplistic. no one is saying marriage isn't important. it is not the only a factor in building a family that is doing well. the fact th
is really clear. we're giving people a clear choice. >> paul ryan was asked about the tax cuts for the millionaires proposed by romney and ryan's budget plans. he was a guest on fox news sunday with chris wallace and the vice presidential candidate made some missteps of his own. >> how much would it cost? >> it's revenue neutral. >> i'm just talking about -- the cut in tax rates. >> the cut in tax rates is lowered for all americans by 20%. it's revenue neutral. >> it's not unless you take away the deductions. we're going to get to that. the first half. lowering the tax rates. does that cost $5 trillion? >> no. >> the master of the power point was having a hard time making a point. let's break down what paul ryan is actually saying here. romney and ryan will give $5 trillion in tax breaks to the wealthiest americans. subtract an unspecified amount of money of unnamed deductions. somehow you're going to get a revenue neutral tax plan. it's a plan so bogus not even a fox news host can understand it. >> you haven't given me the math. >> i don't have the -- it would take me too long
biden. [video clip] >> they voted against extending the middle class tax cuts. why? because they were holding it hostage to make sure they could continue their tax cuts. and romney adds another tax cut with a total cost to the economy of $1.70 trillion. it is $250,000 a year in additional tax cuts for those same 120,000 families and anybody making more than $1 million. >> all these promises were made on the idea of hope and change and it sounded pretty good to people. but when the rhetoric went aside and the time to act occurred, the ideas are the old idea that a failed time and again. borrowing and spending and regulating and taxing and printing money, all these things do not lead to prosperity and. all these policies say take power from people, many from families and a successful small businesses and job creators, ascended to washington and then they decide. that does not work. host: that's a taste of the vice-presidential nominees over the weekend. they will go head-to-head on october 11 in their only official the bait. let's stick to your calls. will the vice-presidential candidat
-- >> specific. >> it is not a goal to end tax breaks for companies that move jobs overseas and incentivize them to come back and create a million jobs in manufacturingp. we've seen the greatest increase in manufacturing jobs in more than 20 years under this president. so we have a sense of what has to happen in order to bring those businesses back and create those jobs. those aren't goals. you know, reducing our dependence on foreign oil by increasing our domestic production incentivizing clean energy to create jobs and put people back to work, those aren't goals, those are plans to continue to move this economy forward. look, i also hope that mitt romney will take some of the time paul ryan didn't want to take in his interview this weekend and try to explain the arithmetic behind their budget. paul ryan said it would take too long to explain their budget plan. the problem isn't the time and explanation. it's the math that's involved to make the statements that mitt romney and paul ryan have said line up to being anything close to the truth. and i think that governor romney will likely whether
for closure during the previous administration. here are the facts. the $5 trillion tax plan that mitt romney and paul ryan put on the table, you can't pay for it without raising taxes on the middle class and raising taxes on seniors. the same economists who mitt romney referred to to back up his plan said you couldn't pay for it without eliminating the mortgage introduction which many middle class families rely on if they have more specifics, we are interested to hear those tomorrow night. so far we haven't heard how you pay for it without raising taxes on the middle class. >> as we look at a new quinnipiac poll, it's finding more of the majority of americans think the president will win the debates. the president has done his best to temper debate expectations looming out there, saying he's just an okay debater. is your campaign worried these high expectations could backfire on the president? >> the president will come into the debates prepared. mitt romney has been preparing for the debates earlier than any candidate we could find on record since july. it took the week of the convention to
to force us which will be a global depression, drop tax increases. is that what we are going to do? it is all about leadership. >> the risk of some asian taking us over -- some nation -- the risk of some nations taking us over should be in people's minds here >> you are an equal opportunity critic of both parties. you -- are you aligning yourself one way or another or supporting noncandidate? >> no. >> you were saying you are not support of at this point of how much effort the president or mitt romney hachette -- mitt romney has put into this so far you are not a fan of either solution? >> it is more than just them. it is the team that works with them. they have not come up with something that works. >> i think neither candidate right now has a comprehensive plan that leads the six principles we're talking about. president obama does not really have a plan because his plan is his budget but his budget was rejected unanimously by the senate and house in the last two years so he has to start over again. mitt romney has a plant -- p lan he has not provided enough specifics and some of
florida. they don't have state taxes, so i believe revenue, you have to have revenue to sustain things that you have. i am not going to raise revenue. he said i'm not going to raise any revenue. how would you sustain your business? i don't understand why everybody else doesn't see this. you have to have revenue. if he is -- to say i'm not going to raise your taxes he is talking to the people. i don't mind paying my fair share but a lot of people are not paying their fair share. they don't realize exactly what he is saying. he doesn't care. he doesn't care about -- so he has to attack somebody. is going to be the same old thing. when republicans get in the same old thing. >> host: henry how long have you been registered to vote and not voted in a presidential election? >> caller: the last was when i was 21 but now i am really looking at it and i have a child now and it's more my responsibility to look at my child's future and when i listen to the debate, here president obama saying hey about education, i don't understand. i don't understand what everybody else is supposed to do because
is because we put two wars and two tax cuts on a credit card. and now governor romney wants another $5 trillion in tax cuts that he can't pay for? not if i have anything to say about it. that's not going to happen. [applause] we are not going to let this country fall backward. not now. not with so much at stake. we've got to move forward. we need to invest in small business and manufacturers who create jobs here in the united states. we need to recruit 100,000 math and science teachers, train two million workers at community college, bring down the cost of college tuition. we need to -- [cheers and applause] we need to cut our oil imports in half. create thousands more jobs in clean energy. we need to use the savings from ending the wars in iraq and afghanistan to help pay down our deficit and put people back to work doing some nation building right here at home. that's the agenda we need. that's how you strengthen the middle class. movinghow you keep forward. that's the choice in this election. and that's why i'm running for a second term. that's what we need. now, my opponent has bee
these tax breaks that they get, we are playing for these tax breaks. we need roads, police, et cetera, and as long as we allow them to pay 13% when they should be paying much more, they are taking health care away from children, that need -- the family can't take them to the doctor. they can't pay for utilities, et cetera, and so forth, and they need to understand, you know, once they get all of our money, they are going to destroy us. so they really need to change their attitude about what is going on here. >> stephanie: yep, i hear you honey. [♪ "world news tonight" theme ♪] >> stephanie: sometimes i'm distracted by headlines while i'm talking. michele bachmann, we must ban filafel in school lunches. >> scarborough: oh, sweet jesus! >> stephanie: she claims that that and other foods of that origin should be removed from school lunches. >> stephanie: she may be beaten this time. wow, you would finally be rid of that [ censor bleep ] and her big gay husband. >> i have just been told by kobe at current that the filafel story was a parody. >> stephanie: oh, okay.
it comes to tax loopholes and maybe specifics when he talks about the 47%? >> i don't know that zingers necessarily turn it around. john harwood had a great piece in today's "new york times" talking about how rarely does a debate alter the outcome of a presidential race. so, you know, a good one liner may take -- get people to take notice but i don't think it turns around the momentum. he needs to completely right this ship because ever since the 47%, and the president clinton speech at the debate, the momentum has gone completely against him. >> i'm going to bring in chris. one more time, michael, what can he do that would change? that's what i'm looking for in an answer here. what do you believe specifically he can say at this point? >> if i were advising mitt romney my advice would be to be the man that was a governor, as a moderate of massachusetts and not the incarnation who has sought the presidency trying to appease all the ideologues on the right end of the spectrum. >> that is the opposite of a man you as a conservative does not want to see. you do not want to see massachusetts
. >> virtually everything he said about my tax plan is inaccurate. your title as a president, you own an airplane and a house, but not your own facts. >> the president did not seem to ben his game. can one night change the race? >>> "today" exclusive, matt's rare and revealing interview with facebook ceo mark zuckerberg, how does he deal with the spotlight? and does he take responsibility for his company's recent struggles? >> the question i ask myself and i hear over and over, if a company has a billion customers, how can they not be killing it making money? >> that answer as the social network reaches a major milestone today. >>> and remember the school bus monitor taunted by middle schoolers. what she's doing to turn her story into something positive today, thursday, october 4th, 2012. captions paid for by nbc-universal television >>> and good morning. welcome to "today" on this thursday morning. i'm savannah gurthrie. >> we both had a late night. >> a lot of coffee. >> exactly. this debate as we know was billed as make or break for mitt romney. and by all accounts he made it last night, the c
. serving up the barbecue, pour on the extra cause and don't forget the tax. >> isn't that pretty much every restaurant is just like the food trucks now? >> that's exactly right. the food trucks had always paid a flat $100 feet and now the city is implementing the sales tax act. they have to charge 10% on every sale. >> thank you very much. >> what is 10%? everybody has to get their cut, right? >> don't like paying more. >> we're giving away free coconut macaroons because of the sales tax today. >> reporter: james mcauley eats at food trucks every day. he think the tax is fair. it is just annoying. >> things are already kind of expensive when you pay with a credit card or what not, there is additional fees now for that too. >> reporter: steve adelson says he is fine with paying his fair share. >> at this point, we are on a level playing field and we should be treated with the same respect that other businesses are instead of the pariah that, in essence, we've been being. >> it is just getting customers used to it. >> reporter: the first day going off without too many complaints. most of the
and poll taxes that kept blacks from voting for years in the south. >> i've seen this before. i lived this before. too many people struggled, suffered, and died to make this possible for every american to exercise their right to vote. ( applause ) >> suarez: nationwide pennsylvania is now one of 33 states with voter identification laws. it's one of five states with strict photo i.d. laws. the statutes have spawnd at least 15 legal challenges over everything from voter i.d. to early voting to culling voter rolls. in florida, the state republican party has filed a fraud complaint against the company it hired to register voters. as of friday at least 10 counties have spotted possibly fraudulent forms turned in by the firm. back in pennsylvania another eye peel to the state supreme court remains possible. in the meantime, the new rules have already been modified, prompting new coalitions to form with the aim of helping voters navigate the confusion. for more on how voter i.d. for more on how voter i.d. battles will play out in pennsylvania and elsewhere, we turn to daryl metcalfe, the rep
the best breaks on taxes and other things. the second number that just broke out recently is 47%. it's that part of america that mitt romney has dismissed as freeloaders, moochers, takers in his words. i'm joined by howard fineman with "the huffington post." also we have romney's -- let's take a look at this howard, romney's 47% comments had a lasting impact on his standing. "the washington post" reported just today, quote, in the two weeks since the surreptitious video of the remarks surfaced, they have pierced the national consciousness in a way few blunders do. in the closing stretch of the presidential campaign, the moment has become a defining element of romney's candidacy. new poll by pew shows how deep these comments penetrated. 67% say they knew romney made those comments. that's of the whole country. of those people, 55% said they had a negative reaction toward hearing them. the only thing in politic that is is worse than voters deciding they don't like you is when voters decide you don't like them. howard, what a great turn of phrase by alex castellanos when voters sense yo
into both his tax reform proposal and plans for the middle class. yesterday, he finally offered up an idea saying in order to pay for his reform each taxpayer would have a limit on how much they could deduct. the number he threw out was $17,000 and compared that to a bucket saying you can take whatever deductions you want but once you hit $17,000 that's it. we heard his plan for undocumented immigrants. he would not revoke the temporary limitations adopted by the president but if elected there would be no more protections. we're coming back after the break. >> i wouldn't be where i am today if it wasn't for capella university. i go to work every day and know that i make a difference. when patients leave this office they have hope in their eyes. it make me feel like i'm really doing what i was meant to do. they have given me the tools that i need to be the best "me" that i can be. [ ♪ theme ♪ ] >> announcer: broadcasting across the nation on your radio and on current tv, this is the "bill press show." >> bill: karl rove accuses >> good morning. i'm jamal simmons in for bil
's that far down in the tax code. it is buried deep in the tax code. when it was passed it was never intended to be a national retirement stp. it was put in the tax code as a favorite to kodak and xerox who have headquarters up in rochester new york by the republican congressman barbara who came from that district. they wanted a tax shelter to give extra money to their executives. fast forward in the reagan administration somebody said let's give that to ordinary people. fast forward again. the mutual fund industry says wow we get ahold of all of those billions of dollars of retirement savings we can make a lot of money. power to the people. do it yourself. it's been a disaster for most americans. they don't save enough when they change jobs they take their money out. when times get rough, as they have been recently, neither the company nor the individual contributes with the result that the average balance is about $18,000 in a 401(k). if you're just on the cuss-of retirement this may be $85,000 for somebody in their 60s and who has been in the plan for 20 years. that's nowhere near enough.
Search Results 0 to 49 of about 104 (some duplicates have been removed)